Ministerial Keynote: Innovation - Driving the UK Economy
09:05 - 09:25
The Rt Hon Sajid Javid MP was appointed Secretary of State for Business, Innovation and Skills on 11 May 2015. He was elected Conservative MP for Bromsgrove in 2010.
Sajid was Secretary of State for Culture, Media and Sport from April 2014 to May 2015. Previously he was both the Economic and Financial Secretary to the Treasury. He was a member of the Work and Pensions Select Committee from June to November 2010.
Before being elected MP, he worked in business and finance. Aged 25, he became a Vice President at Chase Manhattan Bank. He later moved to Deutsche Bank in London to help build its business in emerging market countries. Sajid left Deutsche Bank as a senior Managing Director in the summer of 2009 to give something back through politics.
As the Secretary of State for Business, Innovation and Skills and President of the Board of Trade, Sajid is responsible for strategy and policy across the Department for Business, Innovation & Skills (BIS).
• Overall responsibility for the department, strategy and all policies
• Overall responsibility for the BIS budget
• President of the Board of Trade
• Lead Cabinet minister for reducing regulatory burdens across government